Tag Archives: United States

Sales Tax Rules And Prepared Foods

Sales taxes are a fact of American life, and they are really noticeable in the area of fast food.

For instance, when a hungry consumer drives through his favorite drive-thru, he should expect to pay the price of his burger plus additional coinage to cover sales tax. Most states, counties and municipalities feed their coffers by charging a local sales tax on most every kind of purchase imaginable. Local law regulates what purchases are taxable and at what rate.

English: Picture of an authentic Neapolitan Pi...

English: Picture of an authentic Neapolitan Pizza Margherita taken by Valerio Capello on September 6th 2005 in a pizzeria (“I Decumani”)

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Healthcare & Intuit TurboTax

To know the ropes of TurboTax Health care and understand the highlighters of Affordable Care Act, turn your glances towards Intuit Inc. to get apprised of the facts. In addition to Health Care, you can File taxes online 2013 with the assistance of nation’s No. 1 rated online tax preparation services, Intuit Inc.

TurboTax(R) has been at your services for over 20 years, and has helped countless Americans decode the know-how of taxing processes. And, with the innovative launch of TurboTax Health, it has widened its spectrum and has taken up the initiative to educate the uninsured Americans how … Read the rest

How To Check Your Tax Return Online

Check Your Tax Return Online

Everyone needs to be updated on the progress of his or her application for a tax return after they file. Failure to do this could unnecessarily prolong the waiting time, which is typically twenty one days. In most cases, the internal revenue service, commonly known as the IRS, is able to meet the 21 day target. However, delays associated with incomplete information or inaccurate details will hold up the process especially if the applicant does not get details of the hindrance. As a rule of thumb, one is advised to keep track of the … Read the rest

Check Tax Return Online

Check Tax Return Online

Since the 2008 Economic debacle, the U.S. has looked for ways to maximize income while minimizing expenses. As a government’s chief method of income is the taxation of its citizens, the Federal government has looked to allowing the lapse of Bush era tax breaks, raising taxes where appropriate, and stricter guidelines for tax professionals.

This ethos is trickling down to the state level. In some of the harder hit states, new and tighter regulations concerning the taxpayer and his/her tax bill are coming into existence and the taxpayer is facing new and more intense scrutiny. … Read the rest

Phil Mickelson Needed to Pay 61% in Taxes For His Fame

Phil Mickelson Needed to Pay 61% in Taxes For His Fame

“I might move away from California because of the State taxes here”, quoted Phil Mickelson and guess what? He became the hot topic this past January when he had to sacrifice 61% of his money he earned from of 2013 Open Championship and The Scottish Open in the shape of governments taxes. Steeped tax rates and UK’s policy to collect more taxes on endorsement earnings of non-resident athletes with the rest of the taxes from United States government, were the factors behind this dramatic situation.

Phil Mickelson, Open 2006

Phil Mickelson, Open 2006

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